Exploration and Production
Delek Energy Systems Ltd. holds oil and gas exploration & production rights mainly in Israel, the US, Vietnam and Russia. As the majority shareholder in Delek Drilling LP and Avner Oil & Gas Exploration LP, Delek is Israel’s premier company in oil and gas exploration and production. The Group’s subsidiaries, in partnership with the US company, Noble Energy Inc., produce natural gas from their high-quality reservoirs offshore Israel, and have been Israel's main source of natural gas since 2004. In early 2009, Delek along with its partners discovered a second significant gas reservoir; known as Tamar, off the Northern coast of Israel and together with Noble continue to explore additional wells.
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Retail Energy
Delek Group manages over 1,600 gas stations and convenience stores through three major subsidiaries in retail energy – Delek, Israel Fuel Corporation Ltd., Delek US Holdings, Inc. and Delek Europe Holdings Ltd.
Delek, The Israel Fuel Corp. is Israel’s second largest fuel distributor. Over two hundred and forty stations service more than 110,000 vehicles daily, while the ever-expanding Menta chain of convenience stores offers drivers a range of high-quality refreshments.
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Delek US through its brand Mapco is a leading fuel distributor in its base county; Nashville, Tennessee and surrounding states. Founded in 2000, a company renowned for success, today is traded on the NYSE. Operating hundreds of gas stations and convenience stores, the company also owns and operates an lucrative refinery in Texas, product terminals, numerous pipelines, and storage tanks.
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Delek Europe Holdings Ltd., through its subsidiary Delek Benelux B.V. operates 870 fuelling stations and convenience stores mostly under the Texaco brand across Benelux. Texaco remains today one of the top gasoline brands in Benelux.
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Infrastructure; Water Desalination and Power Plants
Delek Infrastructure Ltd. holds approximately 50% of Israel Desalination Engineering (IDE) Technologies. IDE is one of the single and largest pure play desalination companies worldwide. IDE is the chief developer of advanced water desalination solutions used at hundreds of sites across the globe, and is responsible for the world’s largest and most innovative seawater Reverse Osmosis desalination plant, located in Ashkelon, Israel.
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Delek Group through fully owned subsidiaries is the largest company in Israel to build and operate Independent Power Plants ("IPP"). IPP Ashkelon Ltd. fully owns the IPP plant that services the Ashkelon water desalination facility, which is sourced synergistically with natural gas from the Yam Tethys reserve.
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